The need to achieve economies of scale is an example of the forces for
A) worldwide innovation
B) local differentiation.
C) global integration.
D) lateral relations.

Question

Quizplus · Accepted Answer

The need to achieve economies of scale is a force for global integration. This is because achieving economies of scale involves consolidating operations and production in order to reduce costs and increase efficiency, which often requires a global approach to sourcing materials and reaching markets. This can involve centralizing operations and leveraging technology and resources across multiple regions, in order to achieve greater scale and scope of operations.

The Need to Achieve Economies of Scale Is an Example